1.Auto parts exports will increase by 7.5% year-on-year in 2022
In 2022, my country's total automobile product exports will exceed US$140 billion, a year-on-year increase of 28.5%. Among them, the export of complete vehicles was US$60.166 billion, a year-on-year increase of 74.7%, a record high; the export of auto parts was US$81.213 billion, a year-on-year increase of 7.5%, also a record high, but it accounted for 57.4% of the annual export volume, which was lower than the previous year. dropped by 11 percentage points.
In 2022, the monthly export volume of parts and components will show a high and volatile pattern. It reached US$7.390 billion in January, and never returned to this high level from February to June. It did not reach the monthly peak of US$7.861 billion until July, and then fell back in the following months. Overall, exports in the second and third quarters were higher than the same period last year, with varying degrees of decline at the beginning and end of the year. It is worth mentioning that in October and November, the export volume of complete vehicles exceeded the export volume of parts and components in a single month for the first time.
my country's lithium-ion battery exports have been rising year by year, especially since 2021, with an average annual growth rate of more than 70%, and exports in 2022 will reach US$50.925 billion.
2. Exports of key parts and spare parts account for a large proportion
In 2022, my country's exports of key automotive parts were US$36.956 billion, a year-on-year increase of 16.1%, accounting for 45.5%; exports of spare parts were US$26.707 billion, a year-on-year decrease of 4.6%, accounting for 32.9%; automotive glass exports were US$1.376 billion, a year-on-year decrease of 0.7% , accounting for 1.7%; automobile tire exports were US$16.174 billion, a year-on-year increase of 12.8%, accounting for 19.9%. Automotive glass is mainly exported to powerful automotive countries such as the United States, South Korea, Germany, and Japan, while tires are mainly exported to the United States, Mexico, Russia, Saudi Arabia, etc.
Specifically, the main export categories of key parts are frames and braking systems, accounting for 24.6% and 20.7% respectively in 2022, with export volumes of 9.099 billion and 7.634 billion US dollars, mainly exported to the United States, Germany, Japan, and Mexico; The frame system accounted for 11.7%, with an export value of US$4.323 billion; the steering system, transmission and radiator exports accounted for 7.7%, 6.9% and 5.6% respectively. Transmissions were mainly exported to South Korea, the United States, Belgium and other countries.
In terms of spare parts, body panels and wheels will be the main export categories in 2022, accounting for 30.4% and 25.9% respectively, with export values of US$7.923 billion and US$6.751 billion, of which wheels are mainly exported to the United States, Japan, Mexico, and Thailand; Electric lighting devices and wiring harnesses accounted for 14.2% and 10.4% respectively, with exports of US$3.696 billion and US$2.707 billion.
3． Export markets are concentrated in Asia, North America and Europe
In 2022, my country's key parts export markets will mainly be concentrated in Asia (except China, the same below), North America and Europe. Among them, Asia ranks first, with an export volume of US$13.297 billion, accounting for 36.0%, a year-on-year increase of 30.95%; North America ranks second, with an export volume of US$8.789 billion, accounting for 23.8%, a year-on-year increase of 9.96%; exports to Europe are 8.725 billion The U.S. dollar accounted for 23.6%, with a year-on-year growth of 2.94%, ranking third. In addition, exports to Latin America were US$3.791 billion, a year-on-year increase of 21.94%; exports to Africa were US$1.840 billion, a year-on-year increase of 14.96%; exports to Oceania were US$515 million, a year-on-year increase of 5.04%.
In terms of parts and accessories, the main export markets are also Asia, North America and Europe, but the export volume in 2022 will decline year-on-year. Among them, Asia ranked first with exports of US$11.735 billion, accounting for 43.9%, a slight decrease of 1.37% year-on-year; North America ranked second, with exports of US$6.411 billion, accounting for 24.0%, a year-on-year decrease of 10.12%; exports to Europe were 40.19 billion, accounting for 15.0%, a year-on-year decrease of 16.68%. In addition, exports to Latin America were US$2.883 billion, a slight decrease of 0.69% year-on-year; exports to Africa were US$1.128 billion, a year-on-year increase of 14.55%; exports to Oceania were US$531 million, a year-on-year increase of 11.36%.
t is worth mentioning that lithium-ion batteries are mainly exported to Europe, Asia and North America, with exports of US$21.227 billion, US$16.436 billion, and US$10.329 billion respectively, representing year-on-year increases of 122.1%, 34.76%, and 102.1% respectively, accounting for 41.7%, 32.3% and 20.3%. In addition, the year-on-year growth rate of exports to Africa and Oceania was also more than 100%, and the year-on-year growth rate of exports to Latin America was 52.52%.
Hangzhou Bright Rubber Plastic Product Co.,Ltd
Contact : Shelly Xi
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